Gold spot price showing support lower at horizontal and the top of the descending trendline.
Gold futures dropped below the 50% retrace bouncing up a little but still closing under.
Here a shorter timeframe view with shorter-term Fibonacci retracement levels as it broke the trendline on Thursday.
The GDX mechanical on the drop in gold miners also switched to sell.
Silver futures dropped only slightly still staying within congestion.
This 60 min candlestick view of SLV and support area to watch if you are long.
The mechanical trade SLV remains on a long so far.
Palladium only consolidated this week.
Copper lost about 1%, remaining over its 50 week EMA
Platinum had a nice move of 2.5% closing well above its 50 week EMA
